Ranpak Holdings Corp (PACK) concluded trading on Wednesday at a closing price of $8.43, with 14.67 million shares of worth about $123.7 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 22.35% during that period and on January 29, 2025 the price saw a gain of about 46.86%. Currently the company’s common shares owned by public are about 80.31M shares, out of which, 72.74M shares are available for trading.
Stock saw a price change of 35.53% in past 5 days and over the past one month there was a price change of 17.74%. Year-to-date (YTD), PACK shares are showing a performance of 22.53% which increased to 78.22% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $3.85 but also hit the highest price of $9.04 during that period. The average intraday trading volume for Ranpak Holdings Corp shares is 245.03K. The stock is currently trading 29.69% above its 20-day simple moving average (SMA20), while that difference is up 18.93% for SMA50 and it goes to 24.84% higher than SMA200.
Ranpak Holdings Corp (NYSE: PACK) currently have 80.31M outstanding shares and institutions hold larger chunk of about 84.59% of that.
The stock has a current market capitalization of $677.23M and its 3Y-monthly beta is at 2.38. It has posted earnings per share of -$0.24 in the same period. It has Quick Ratio of 2.01 while making debt-to-equity ratio of 0.76. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PACK, volatility over the week remained 8.71% while standing at 4.79% over the month.
Stock’s fiscal year EPS is expected to rise by 52.90%.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Cantor Fitzgerald on December 19, 2024 offering an Overweight rating for the stock and assigned a target price of $11.50 to it. Coverage by Robert W. Baird stated Ranpak Holdings Corp (PACK) stock as a Neutral in their note to investors on August 14, 2024, suggesting a price target of $10 for the stock. On August 24, 2021, Goldman Initiated their recommendations, while on August 10, 2021, Robert W. Baird Initiated their ratings for the stock with a price target of $30. Stock get a Buy rating from Berenberg on April 26, 2021.
